Montis Financial LLC Sells 100 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Montis Financial LLC lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,277 shares of the exchange traded fund’s stock after selling 100 shares during the period. SPDR Gold Shares comprises 1.0% of Montis Financial LLC’s portfolio, making the stock its 19th largest holding. Montis Financial LLC’s holdings in SPDR Gold Shares were worth $2,210,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GLD. TKG Advisors LLC increased its stake in SPDR Gold Shares by 0.7% in the fourth quarter. TKG Advisors LLC now owns 15,224 shares of the exchange traded fund’s stock valued at $2,910,000 after acquiring an additional 110 shares during the period. City Holding Co. raised its holdings in shares of SPDR Gold Shares by 5.6% in the 1st quarter. City Holding Co. now owns 3,708 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 195 shares in the last quarter. Ndwm LLC bought a new position in shares of SPDR Gold Shares during the 4th quarter worth approximately $546,000. St. Johns Investment Management Company LLC boosted its stake in SPDR Gold Shares by 5.7% in the 1st quarter. St. Johns Investment Management Company LLC now owns 27,729 shares of the exchange traded fund’s stock valued at $5,704,000 after buying an additional 1,492 shares in the last quarter. Finally, Independent Advisor Alliance grew its position in SPDR Gold Shares by 32.2% in the fourth quarter. Independent Advisor Alliance now owns 98,074 shares of the exchange traded fund’s stock valued at $18,749,000 after acquiring an additional 23,883 shares during the period. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.2 %

SPDR Gold Shares stock opened at $232.24 on Thursday. The stock has a fifty day moving average price of $226.38 and a two-hundred day moving average price of $216.72. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $234.01.

SPDR Gold Shares Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).